How to invest in DJI?

[Deleted member 4644]

What is the best way to invest in DJI? Index fund? I want something that tracks as close to 100% as possible.

Vegas baby! Vegas!

 

[DaveSimmons]

The S&P 500 is way down too and is a much safer long-term investment, 500 stocks instead of 30.

If you want to day-trade it you can always play with ETFs.

 

[vi edit]

Diamonds. Stock symbol: DIA

 

[JS80]

DDM = 2x dj index fund (goes up/down 2x)

 

[vi edit]

Originally posted by: JS80
DDM = 2x dj index fund (goes up/down 2x)

"The fund normally invests 80% of assets in financial instruments with economic characteristics that should be twice the return of the index."

How exactly does that work?

 

[JS80]

My guess is derivatives like index futures or call options.

 

[shoRunner]

right now you may want to go with QID, SDS, or DXD; ultrashorts of the major indices

 

[Deleted member 4644]

Originally posted by: shoRunner
right now you may want to go with QID, SDS, or DXD; ultrashorts of the major indices

This is a good post. Thanks.

 

[MustISO]

I bought a few of the bear ETF's, they're doing great right now but don't get too greedy cause if the market does well they go south quick.

 

[Capt Caveman]

Thought you were buying gold?

 

[Fenixgoon]

if you're so wealthy as to buy your GF an expensive bracelet after only a few months of dating, why the hell are you asking ATOT?

 

[sciencewhiz]

Originally posted by: vi edit

Originally posted by: JS80
DDM = 2x dj index fund (goes up/down 2x)

"The fund normally invests 80% of assets in financial instruments with economic characteristics that should be twice the return of the index."

How exactly does that work?

If you keep reading (at least on yahoo) it says "It may employ leveraged investment techniques in seeking its investment objective."

With all the extra trading, it would be horrible in a taxable account. You could almost eat up all the extra return with taxes, if you are in a high tax bracket.